Gross Margin % is calculated as gross profit divided by its revenue. China Information Technology Inc's gross profit for the
six
months ended in Jun. 2017 was $2.43 Mil. China Information Technology Inc's Revenue for the
six
months ended in Jun. 2017 was $5.73 Mil. Therefore, China Information Technology Inc's Gross Margin % for the quarter that ended in Jun. 2017 was 42.45%.

China Information Technology Inc had a gross margin of 42.45% for the quarter that ended in Jun. 2017 => Durable competitive advantage

During the past 12 years, the highestGross Margin % of China Information Technology Inc was 58.10%. The lowest was 17.24%. And the median was 38.33%.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

China Information Technology Inc Annual Data

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Gross Profit

20.50

9.55

10.49

3.90

2.59

China Information Technology Inc Semi-Annual Data

Dec07

Jun08

Dec08

Jun09

Dec09

Jun10

Dec10

Jun11

Dec11

Jun12

Dec12

Jun13

Dec13

Jun14

Dec14

Jun15

Dec15

Jun16

Dec16

Jun17

Gross Profit

1.55

2.35

0.93

1.65

2.43

Competitive Comparison

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

China Information Technology Inc's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

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